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I understand that from July 1st, the annual fire services levy will be collected via council rates rather than via buildings insurance. It is stated by Treasury NSW that this will amount to a saving for homeowners. However for those of us who live in strata schemes it would seem to be the opposite. Our 8 unit scheme pays around $480 pa via insurance for the fire levy-i.e. $80 per unit. The average cost to individual ratepayers from July 1st is being quoted as anything from $180 to $450, depending on the source (i.e. treasury v FSU). Either way, it seems to me that if you live in a strata scheme you are going to be paying a lot more. Has anyone got further information on this?
